Published: 2026-01-26T08:35:14.000Z
Chart USD/CHF Update: Consolidating break to fresh at .7740
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Reached fresh year low at .7740 before turning up to fill the gap at .7788, Friday's low
| Level | Comment | Level | Comment | |||||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.7950 | * | congestion | S1 | 0.7740 | intraday low | ||
| R3 | 0.7900 | * | congestion | S2 | 0.7710 | * | Sep 2011 low | |
| R2 | 0.7860 | ** | Dec low | S3 | 0.7600 | * | figure, congestion | |
| R1 | 0.7830 | * | Sep 2025 year low | S4 | 0.7500 | * | figure |
Asterisk denotes strength of level
08:25 GMT - Reached fresh year low at .7740 before turning up to fill the gap at .7788, Friday's low. Bounce see prices unwinding oversold intraday studies and consolidating sharp losses from the .8040, 15 January high. The daily and weekly studies continues to track lower and highlight room for further losses. However, oversold readings caution corrective bounce with resistance starting at the .7830/.7860, September/December lows. Above here will open up room for stronger corrective bounce but bearish structure expected to cap corrective bounce below strong resistance at the .8000/.8040 area.